A corporation or any property owner could choose to collect the rents themselves. There is no law that I am aware of that says if the owner collects rents they must put them through a real estate company. Here is what the regulation says.

12 AAC 64.570. Property Management of Real Property.

(a) A licensee who has sole ownership of rental property either may manage the property through the licensee’s employing broker or may employ another broker or property manager to perform those management duties. Notwithstanding 12 AAC 64.550, the licensee or the broker performing those duties for the licensee is not required to keep records of rental agreements or rental transactions, if the records are kept by another property manager or broker.

(b) In addition to the duties set out in AS 08.88.615, a licensee who owns real property described in (a) of this

section must also

(1) disclose to each prospective lessee or tenant

(A) the items described in AS 08.88.615(a)(6) – (8); and

(B) the licensee’s ownership in accordance with AS 08.88.391; and

(2) provide the licensee’s broker with the following information for each property owned by the licensee:

(A) ownership position and percentage;

(B) copies of all financial records and rental agreements;

(C) an update for the broker when a change occurs to the information required to be provided under this

subsection;

(D) security deposits and prepaid rents to be held in the broker’s trust account in compliance with 12 AAC 64.200 or held in a licensee’s privately owned trust account to which the broker has access for oversight and review purposes; in this subparagraph, “prepaid rent”

(i) means that amount of money demanded by the landlord at the initiation of the tenancy for the

purpose of ensuring that rent will be paid;

(ii) does not include the first month’s rent or money received as security for damage;

(E) written documentation to refund a security deposit or deduct money from a security deposit.

(c) Notwithstanding 12 AAC 64.200, rents and other incidental income may be paid directly to the licensee as the lessor and need not be deposited in the broker’s trust account.

(d) The duration of the relationship between the licensee and the lessee must meet the requirements of AS 08.88.660.

(e) The commission may, under AS 08.88.071, impose a disciplinary sanction for violation of this section. A claim under AS 08.88.460 may be filed by a person if the claim is based on a violation of fraud, misrepresentation, or deceit and the person suffered a loss as a result of the violation.

(f) If the property is owned by a partnership, corporation, limited liability company, or other such legal entity in which a licensee has an interest, the licensee must disclose the licensee’s ownership position to the broker and ownership entity. If one or more licensees have a controlling interest or participate in the day-to-day operation or management of the subject property, the licensees are subject to this section except for (b)(2)(B) of this section. In lieu of compliance with (b)(2)(B) of this section, the financial records and copies of rental agreements for the property must be made available to the licensee’s broker for oversight and review.

Yes but the point is the exceptions as defined in 08 88 900 which lists a number of real estate related activities not requiring a license. Based on AREC any of the exceptions may no longer be available to a real estate licensee trying to make a living in one of those fields.

Latte stands are not included in 08 88 900 but tradesmen and maintenance and repair people are. So it is easy to assume that a painter tradesman who has a license at company "A" can no longer paint a house of another licensee at company "B" based on the Walsh response.

Also appears a person with their license in a referral company can no longer answer the phone at another brokerage.

This is another example of the Real Estate Commission picking on certain companies. I beleive it was Gene Duval that had the regulations changed regarding a licensee running their own properties through the brokerage. It was in the past that the office held the security deposits, but I think that was changed some years ago.